Power Markets

Azerbaijan and EU strengthen...

Azerbaijan and the European Union have expressed their readiness to strengthen cooperation in...

Ukraine receives second U.S....

Ukraine has received its second shipment of liquefied natural gas from the United...

Romania: EIB invests 30...

The European Investment Bank (EIB) is allocating up to 30 million euros to...

Montenegro: EPCG announces tender...

Montenegrin state-owned power utility EPCG has launched a tender for the procurement of...
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Tag: hydrocarbon production

Croatia: Electricity and hydrocarbon production in December 2024

According to the short-term energy statistics published by the Croatian Bureau of Statistics, net electricity production in Croatia for December 2024 reached 1,509 GWh,...

Romania: Romgaz’s hydrocarbon production rises by 4.6% in H1 2024

In the first half of 2024, Romanian natural gas producer Romgaz reported a total hydrocarbon production of 16.12 million barrels of oil equivalent, marking...

Romania: OMV Petrom’s net profit declines by 61% in 2023

Romanian oil and gas company OMV Petrom announced that its net profit fell by 61% in 2023 compared to the previous year, to 4.03...

Hungary: MOL agreed levels of hydrocarbon extraction for 2023 and 2024

Oil and gas company MOL has signed an authority contract with the Hungarian state that sets minimum levels of hydrocarbon extraction in Hungary for five categories...

Romania: OMV Petrom – hydrocarbon production dropped to 113.000 barrels/day in Q3

OMV Petrom’s hydrocarbon output dropped to 113.500 barrels of oil equivalent per day in the third quarter of 2023, compared to 117.200 barrels of...

Romania, Romgaz: Hydrocarbon output decreased by 5% in H1

Natural gas producer Romgaz said that its total hydrocarbon production decreased by 5.3% in the first six months compared to the same period in...
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